Minnetonka, MN

Census Place

2024 Population

53,064

US Senator

Amy Klobuchar

Democratic(DFL) Party

US Senator

Tina Smith

Democratic(DFL) Party

2024 Median Age

42.9

0.234% 1-year increase

2024 Poverty Rate

5.94%

24.2% 1-year increase

2024 Median Household Income

$119,517

0.812% 1-year decline

2024 Median Property Value

Population & Diversity

Minnetonka, MN is home to a population of 53.1k people, from which 95.1% are citizens.

As of 2024, 10.9% of Minnetonka, MN residents were born outside of the country (5.78k people).

In 2024, there were 13.6 times more White (Non-Hispanic) residents (42.9k people) in Minnetonka, MN than any other race or ethnicity. There were 3.17k Asian (Non-Hispanic) and 2.22k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

95.1%

2024 Citizenship

95.1%

2023 Citizenship

As of 2024, 95.1% of Minnetonka, MN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Minnetonka, MN was 95.1%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Minnetonka, MN compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Minnetonka, MN

White (Non-Hispanic)
42.9k ± 945
Asian (Non-Hispanic)
3.17k ± 726
Black or African American (Non-Hispanic)
2.22k ± 551

4.07%

Hispanic Population

2.16k people

4.07% of the people in Minnetonka, MN are hispanic (2.16k people).

The following chart shows the 8 races represented in Minnetonka, MN as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Minnesota.

Most Common Origin

Mexico
61,898 ± 6,075 people
Somalia
36,765 ± 4,692 people
India
31,170 ± 4,323 people

In 2024, the most common birthplace for the foreign-born residents of Minnesota was Mexico, the natal country of 61,898 Minnesota residents, followed by Somalia with 36,765 and India with 31,170.

Foreign-Born Population

10.9%

2024 Foreign-Born Population

5.78k people

10.4%

2023 Foreign-Born Population

5.53k people

As of 2024, 10.9% of Minnetonka, MN residents (5.78k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Minnetonka, MN was 10.4%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Minnetonka, MN compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
765 ± 170
Gulf War (2001-)
266 ± 129
Gulf War (1990s)
158 ± 98

Minnetonka, MN has a large population of military personnel who served in Vietnam, 2.88 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Minnetonka, MN.

Economy

The economy of Minnetonka, MN employs 28.7k people. In 2024, the largest industries in Minnetonka, MN were Health Care & Social Assistance (4,140 people), Professional, Scientific, & Technical Services (4,048 people), and Manufacturing (3,783 people), and the highest paying industries were Manufacturing ($110,185), Professional, Scientific, & Technical Services ($103,897), and Finance & Insurance ($97,525).

Employment

Occupations

28.7k

2024 Value

± 1,231

−1.02%

1 Year decline

± 6.03%

From 2023 to 2024, employment in Minnetonka, MN declined at a rate of −1.02%, from 29k employees to 28.7k employees.

The most common job groups, by number of people living in Minnetonka, MN, are Management Occupations (4,787 people), Business & Financial Operations Occupations (3,282 people), and Sales & Related Occupations (3,028 people). This chart illustrates the share breakdown of the primary jobs held by residents of Minnetonka, MN.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Minnesota.

This chart shows weekly unemployment insurance claims in Minnesota (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

28.7k

2024 Value

± 1,231

−1.02%

1 Year decline

± 6.03%

From 2023 to 2024, employment in Minnetonka, MN declined at a rate of −1.02%, from 29k employees to 28.7k employees.

The most common employment sectors for those who live in Minnetonka, MN, are Health Care & Social Assistance (4,140 people), Professional, Scientific, & Technical Services (4,048 people), and Manufacturing (3,783 people). This chart shows the share breakdown of the primary industries for residents of Minnetonka, MN, though some of these residents may live in Minnetonka, MN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$92,210

Median earning men ± $4,885

$62,399

Median earning women ± $3,610

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($125,147), Professional, Scientific, & Management, & Administrative & Waste Management Services ($113,271), and Manufacturing ($111,130).

The industries with the best median earnings for women in 2024 are Information ($103,458), Manufacturing ($98,971), and Public Administration ($86,250).

Civics

In the 2024 presidential election, the popular vote in Minnesota went to Kamala Harris with 50.9% of the vote. The runner-up was Donald J. Trump (46.7%), followed by Robert Kennedy (0.738%).

Amy Klobuchar and Tina Smith are the senators currently representing the state of Minnesota. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Minnesota is currently represented by 8 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Presidential Popular Vote Over Time

Voting results are not available for Minnetonka, MN. Showing the available data for Minnesota.

2024 Election Results

Kamala Harris (50.9%)
Democratic Party
Donald J. Trump (46.7%)
Republican Party
Robert Kennedy (0.738%)
Independent Party

In the 2024 presidential election, the popular vote in Minnesota went to Kamala Harris with 50.9% of the vote. The runner-up was Donald J. Trump (46.7%), followed by Robert Kennedy (0.738%).

The following chart shows the popular vote results in Minnesota for each registered party from 1976 to 2024.

Senator Elections

US Senators from Minnesota

Senatorial voting results are only available at the state level. Showing data for Minnesota.

Amy Klobuchar

Senator from Minnesota

Assumed office on January 3, 2007
The Minnesota Democratic–Farmer–Labor Party (DFL) is the Minnesota affiliate of the U.S. Democratic Party and its members are counted as Democrats.

Tina Smith

Senator from Minnesota

Assumed office on January 3, 2018
Appointed to the seat following the resignation of Al Franken.{{Cite news |url=http://abc7chicago.com/news/franken-to-make-announcement-thursday-as-chorus-grows-for-his-resignation/2747124/ |title=Franken to make announcement Thursday as chorus grows for his resignation |date=December 6, 2017 |work=ABC7 Chicago |access-date=December 9, 2017 }}

Amy Klobuchar and Tina Smith are the senators currently representing Minnesota.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Minnesota over time, excluding special elections, colored by their political party.

Education

The student population of Minnetonka, MN in 2024 is skewed towards women, with 49 male students and 226 female students.

Most students graduating from Universities in Minnetonka, MN are White (61 and 81.3%), Black or African American (6 and 8%), Asian (3 and 4%), and Hispanic or Latino (3 and 4%).

The largest universities in Minnetonka, MN by number of degrees awarded are Adler Graduate School (75 and 100%).

The most popular majors in Minnetonka, MN are Mental Health Counseling (63 and 84%) and Art Therapy (12 and 16%).

Admissions & Enrollments

Enrollments by Gender and Races

In 2024 there were 275 students enrolled in Minnetonka, MN, 17.8% men and 82.2% women.

By race, the largest number of students enrolled was concentrated in White with 214 records, of which 81.3% were women and 18.7% men.

Completions

Concentrations

Most Common

Mental Health Counseling
46 degrees awarded
Art Therapy
12 degrees awarded

In 2024, the most common concentation for Masters Degree recipients in Minnetonka, MN was Mental Health Counseling with 46 degrees awarded.

This visualization illustrates the percentage of students graduating with a Masters Degree from schools in Minnetonka, MN according to their major.

Universities

Gender

Race

Adler Graduate School

Largest Universities by degrees awarded

75 degrees awarded

In 2024, the institution with the largest number of graduating students was Adler Graduate School with 75 degrees awarded.

Student Diversity

In 2024, 20 men were awarded degrees from institutions in Minnetonka, MN, which is 0.364 times less than the 55 female students who received degrees in the same year.

In 2024, the most common race/ethnicity group awarded degrees at institutions was White students. These 61 degrees mean that there were 10.2 times more degrees awarded to White students then the next closest race/ethnicity group, Black or African American, with 6 degrees awarded.

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Housing & Living

The median property value in Minnetonka, MN was $475,800 in 2024, which is 1.43 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $456,200 to $475,800, a 4.3% increase. The homeownership rate in Minnetonka, MN is 71.6%, which is higher than the national average of 65.2%.

People in Minnetonka, MN have an average commute time of 19.3 minutes, and they drove alone to work. Car ownership in Minnetonka, MN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$475,800

Median Property Value 2024

±$10,710

$16,834

Median Property Taxes

±$731

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Minnetonka, MN the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Minnetonka, MN compared to it's parent and neighbor geographies.

Rent vs Own

71.6%

Homeownership

2024

63.5%

Homeowners with Mortgage

2024

In 2024, 71.6% of the housing units in Minnetonka, MN were occupied by their owner. This percentage declined from the previous year's rate of 72.5%.

This chart shows the percentage of owner in Minnetonka, MN compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$119,517

Median Household Income

± $4,391

23.5k

Number of Households

± 1,015

In 2024, the median household income of the 23.5k households in Minnetonka, MN declined from $119,517 from the previous year's value of $120,496.

The following chart displays the households in Minnetonka, MN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for Minnetonka, MN is from Minnesota.

0.452

2024 Wage GINI in Minnesota

0.454

2023 Wage GINI in Minnesota

In 2024, the income inequality in Minnesota was 0.452 according to the GINI calculation of the wage distribution. Income inequality had a 0.568% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Minnesota was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Minnesota in comparison to the national average.

This chart shows the number of workers in Minnesota across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (65.1%)
Worked At Home (27.4%)
Carpooled (4.22%)

In 2024, 65.1% of workers in Minnetonka, MN drove alone to work, followed by those who worked at home (27.4%) and those who carpooled to work (4.22%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

19.3 minutes

Average Travel Time

Using averages, employees in Minnetonka, MN have a shorter commute time (19.3 minutes) than the normal US worker (26.4 minutes). Additionally, 0.696% of the workforce in Minnetonka, MN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Minnetonka, MN compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Minnetonka, MN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Minnetonka, MN have 2 cars.

Poverty

Poverty & Diversity

5.94% of the population for whom poverty status is determined in Minnetonka, MN (3.13k out of 52.8k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 55 - 64, followed by Females 75+ and then Females 55 - 64.

The most common racial or ethnic group living below the poverty line in Minnetonka, MN is White, followed by Black and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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